What Happened
Pentagon Secures Up To 850 Stealth Fighter Jets In Landmark Agreement
The Pentagon has finalized a landmark agreement with Lockheed Martin to purchase at least 850 F-35 Lightning II stealth fighter jets over the next decade, a deal valued at a minimum of $78 billion. This major selection reflects growing global security demands and reinforces Lockheed Martin’s position as a cornerstone defense contractor for the U.S. military. The agreement secures steady production lines and long-term fleet modernizations across several military branches, and Lockheed Martin shares surged by as much as 10% following the announcement. The deal was reported by Unknown Source.